Managerial Quality and Productivity Dynamics
---- Acknowledgments ----
Thanks to Nick Bloom, Hashem Pesaran, Raffaella Sadun, John Van Reenen, and seminar participants at the NBER, Columbia, Northwestern Kellogg, Harvard, McGill, Michigan, USC, HEC Paris, Clark, Stockholm University, and the MIT/Harvard/Stanford Meeting on Empirical Management for helpful comments. Tamayo gratefully acknowledges funding from the USC Dornsife INET graduate student fellowship. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.